The Enterprise Act includes measures to: establish a Small Business Commissioner to help small firms resolve issues such as late payment include the actions of regulators in the government’s £10 billion deregulation target and increase transparency through annual reporting requirements extend the successful Primary Authority scheme to make it easier for businesses to access consistent, tailored [...]
Insolvency Practitioners and debt collection. Resource and experience are available to undertake a range of investigations. Sterling work with Insolvency Practitioners to value sales ledgers and to cost effectively collect book debts quickly and efficiently. Sterling Debt Recovery provides a proven service to Insolvency Practitioners working with Receivership - Liquidation - Administration - Company Voluntary Arrangement [...]
Sterling assisted a financial services company to recover unpaid instalments of loans granted to individuals under a trust. After the claim form was served, all 5 individuals contacted Sterling voluntarily to pay the full amount of the loan instalments plus legal costs and court fees. Furthermore, they agreed to make arrangements to repay the entire loans [...]
SMEs will be disadvantaged in chasing late payments from big business customers the Bar Council has warned. Wealthy individuals and big business will have the upper hand in court proceedings if further increases in court fees get the go ahead under plans announced by the Ministry of Justice, the Bar Council has warned. The Bar Council, which [...]
Small Claims Court: A Small Claims Court success for our client who performed plumbing works for a large chain restaurant, which subsequently refused to pay on the grounds that the documents were not in order and the Purchase Order had not been complied with. We filed a claim against them in the Small Claims Court, adding [...]
Changes to the court fee system in the UK have now taken effect : • Small claims fees for debts over £1,500 have increased. A 10% discount still applies to claims made online via Money Claim Online. See here for a list of fees : https://www.gov.uk/make-court-claim-for-money/court-fees • Fees for compensation claims with a value of £5,000 [...]